Never a dull moment with this puppy
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Never a dull moment with this puppy
In my experience, the big institutions can stuff it up just like the rest of us.
ACC being on the substantial shareholder list doesn't add to or subtract from, the prospects of the company, and I don't see political fallout, regardless of the company's future. It is just one of their many investments. Some will go well, others wont.
Disc. Hold PEB and considering more.
Excuse the ignorant / naive question, but should we read anything positive into the fact that ACC is investing in a bio-tech? I guess what I'm asking is would the investment arm of ACC have any tentacles into the health sector to judge the likely success of this?
ACC have been a shareholder for quite a few years and have previously topped the 5% mark. It should be a good sign that they are willing to increase their stake at .65c.
I dont agree with ACC's success in investing-they have made some real cock ups, such as Pike river and PPP
Doesnt mean PEB is a bad investment ,but good to note
Looks like I missed the bottom with my top up, much better than missing the train though! Once all the sheep are gone it will head back up, just look to the future.
People are just seeing how low this will go. Once it turns, expect them to flock in.
Fundamentals haven't changed ... so it will only go as low as the nervous nelly sellers allow it to go. When large holdings like yesterday want to sell in large lots, the equally large buyers with the required cash can dictate the terms. If the sellers don't neet to sell and can hold their nerve and trust the Company is in good nick and poised to grow well, then the price will turn around quicksmart.
Who are these fools selling at this level???
Ha haa, no problem, time to top up... :-)
Has anyone spoken to any urologists/gp's what they think of the product? Would be interesting to hear their responses.
Not sure about urologists/gp's but Peter Leitch The Mad Butcher is a strong advocate of PEB and would know first hand as he has been through their labs. He has also had a health problem in this area so would see the advantages of PEB testing system. Chances are he has a few shares as well.
I know a senior director from a pharmaceutical company and he says its a good technology it depends on marketing solely. Theres plenty of good medicines in the world that never make it due to bad marketing.
So those are the results we are waiting on, marketing. And marketing in the medical world is very different to the normal world. They need to be attending the medical conventions and promoting their goods.
does acc have any other ssh holdings or are they required by law to have less than 5% in any one holding, not too familiar with the setup of acc.
thanks for that Sparky - looks like a bit of required reading for Sunday afternoon
.
I'm fairly certain they have a plan for getting the message out to the medical fraternity. Pardon me if I'm wrong but I believe we are not dealing with medication as such but rather a Diagnostic Tool that if it is in fact the best available, cheaper, non invasive and patented then word of mouth and targeting urologists and medical conventions will pay off. Its not like we are going out for a packet of paracetemol and there are 20 brands to choose from. What is going to be the biggie is the confidence of accuracy in the results. Any stuffups will be very damaging especially early on.
Disc: Holding PEB
When i said medicine I meant diagnostic tools as well. Sorry for that major.
I agree with you about the track record, they cant stuff up. I still think they need marketing initially though.
Disc: holding PEB
[QUOTE=Dej;399262]When i said medicine I meant diagnostic tools as well. Sorry for that major.
I agree with you about the track record, they cant stuff up. I still think they need marketing initially though.
Disc: holding PEB[/QUOTE
Sorry, I wasn't meaning to be picky - just thought I may have stuffed up myself and got the wrong end of the stick (as usual) so to speak. Agree with marketing as much as possible in the short term but establishing a good track record will be more invaluable in promoting PEB. Watch and wait I guess.
With the recent announcement that PEB's USA lab gained CLIA Registration. Excuse my ignorance, but, whilst in the news they detailed that it is a 'significant milestone towards commercialisation (which it is), I assume they still do need FDA approval for their medical product(s) (Cxbladder, etc)?
Hence they are quite different USA approvals and we would expect some FDA news soon?
Not sure about no risk or no gain.
I think you will find that there are two sellers out there and they are watching one another carefully.
Not really wanting to sell down to below 70 cents but one lets a few go at 69 cents and then, watch to see what the other one does. Rather fascinating stuff in a way but really, nickel and dime stuff. Will not really matter when PEB really starts chugging along.
I think buying interest will come in from the States when the marketing start cranking into gear soon.
Guys have missed the ride so far. What sort of realistic price targets are you thinking re when mkt acceptance and take-up in USA etc ?. Please try to be objective as some of you are well free carried already:) congrats.
Thanks cj very useful from conservative to moderate looks good. Gee over 30 pages of posts just in march.
Something to think about:
BiocancellTherapeutics Ltd., founded in 2004 by Avraham Hochberg, Professor of Molecular Biology at the Hebrew University of Jerusalem, reported success on Sunday in the treatment of bladder cancer using their lead product, BC-819. BC-819 is being tested on other cancers, such as, pancreatic cancer, superficial bladder carcinoma and ovarian cancer. Meanwhile, Protalix Biotherapeutics Inc., an Israeli company established in 1993 that recently developed the pioneering drug, Elelyso (Uplyso in Latin America), for treatment of the very rare Gaucher disease, announced on Monday that Brazil has approved the use of the drug. "The approval of Uplyso provides an important treatment option for those in Brazil using enzyme replacement therapy to manage their Gaucher disease and demonstrates the potential of our plant cell manufacturing technology," said Protalix CEO Dr. David Aviezer.
These appear to be two outfits that PEB should be talking to. PEB will find it - they can fix it - PEB can keep checking to make sure they have. WOW
Buyers now at 70 (albeit not many). The big seller hasn't swooped in with another lot of 100k, so maybe he's finished up? Time will tell.
Good buying interest at 70 cents and seller is now backing off.
Would say that we will see some more crossings at 70 cents and then, it's back to 75 cents.
Does not really matter in the end - it's what PEB's sp will be in 2 years' time which really matters.
SO treat the seller now at 70 cents as an opportunity to consider.
Definitely looks to me like one of the sellers at 70 cents is gone but there is one left.
Remember that PEB is now taking its story to not only urologists but investors as well.
The fact that the presentations were done at First NZ Capital office last week is an excellent sign. FNZC started covering Diligent at around the same price levels and actively got investors into Diligent.
Looks like it.
There's obviously two of them. One pulled his offer higher to 72 cents this morning when he saw that he was the lone seller at 70 cents but the other has re-entered the fray.
Oh well, let's see what happens when a volume buyer emerges on the scene. Can't be too far off as PEB takes its story to the States.
Haha - agree with you STC.
Must say Moosie is one enthusiastic investor and this daily gyrations must be giving him great thrills? Careful though you keep your eye on your real job, Moosie!
Me? I watched and invested in Diligent as closely as I do with PEB. Like Diligent, spectacular returns like we have seen with PEB in the last 6 months mean healthy profit taking along the way by those who invested big in the early days.
Not so good with Masfen's placement though - some of the shares appear to have gone to short term punters who are selling back to the market.
My Dad is in a retirement complex...early seventies would young for the village! He and I have shares in MET, RYM and SUM and he lives at complex run by a different company...go figure!
Once PEB's research and products become better known, what are the chances that the company will be snaffled up by an overseas outfit? NZ has a poor history of keeping its success stories as companies listed on the NZX. NZers and our governments have been content to let real estate swallow up our savings and capital/borrowings instead.
Is there an online source for that or is that from your broker (or other secret squirrel location?).
With two SOE's, and potentially 'Z' to be IPO'ed this year (plus other small ones which are unlikely to hit the NZX50), those bottom three will likely fall out. PEB would have to hit $1 to get into the '50. Assuming the others didn't change.
You can get the top 10, 15 , 20, and 50 on the NZX indices of course but without mktcap. Call me naive and my timing is way out risk/reward wise maybe but im in today @68c.
http://www.proactiveinvestors.com.au...sts-41263.html
Looks like we could be seeing some more selling pressure soon ;). On a more serious note, just look at how it recently dipped to 54 and then shot up to 79 in a short space of time. It looks like the buying depth is a bit shallow, so we could see a bit more downside, but it'll shoot back up at some point. Just put it in the bottom drawer for a little bit. Even if you were in it for the trade and are currently down, I'm sure it will be at least $1 before we see any sales results.Quote:
The licence between Cellmid and Pacific Edge, which was agreed to in 2010, provides for a milestone fee payable in shares, which is due on the first sale of Cxbladder in the U.S.
Avid reader of this thread, I look in once a day when I read Dilbert, Sinfest, Ubersoft, Pearls before Swine and Calvin & Hobbes.
Best wishes
Paper Tiger
Paper Tiger Yes it is just as big of laugh as those you mention
Good one!
Have just told my broker to include me in the next selldown to 65 cents.
No point standing in the way of those who want to take and lock in some of the fantastic profits made in the last year from PEB.
Like Diligent, short term upwards momentum has stalled and if history is any guide, could be for a few months. Cool cucumbers.
Why has this PEB chat-stream degenerated? Can we get this back onto constructive comment/discussion?
This looks like a pump & dump exercise
Pump and dump?
The share price has reflected ongoing ACTUAL improvements to the business prospects. Previous announcements by PEB show they are at a position where they can sell a better product than what is currently available to a huge market.
If that's "pump and dump", then 90% of share price rises must be the same...
Going back to numbers, remember that if these guys hit 10%, that represents around $100 million in revenue in US$. They want to do this in 5 years, I reckon they could do it a lot quicker though... but I like it how David sets the numbers low. Under promise and over deliver is a lot better than over promising and under delivering (a-laaa Rakon).
I have seen no convincing argument from the positive posters about why this is such a good share to own. Also anybody who criticizes it get bagged for being Jealous because they do not own it. So my impression of all the posts here is that most people here are trying to pump the hell out of it. My impression is it is a highly speculative stock that does not fit with my investment philosophy. If for a straight gamble it would have to have far better press & facts than has been posted here.
So a greatly superior product, $100 million revenue expected in 5th year and what appears to be a pretty sound commercialisation plan isn't enough to even slightly convince you that this stock may be a good one to own? Not to mention enough to convince you to do your OWN research before commenting on something that you don't really know about.
Christ, you're harder to please than a woman.
Seems to be here...
http://www.cxbladder.com/home
Possum, I fully respect your decision not to invest in PEB. That's up to you. Perhaps if you used a better choice of words when describing what you (or others) may want to do with their appendages you might get a better reception on this thread. I am still very much a learner on investing in shares and although I agree it has been a speculative stock, even I can see that it is very much worth the speculation. Just don't invest at the top Possum ....
"When arguing with fools, don't answer their foolish arguments, or you will become as foolish as they are."
"Never argue with a fool, onlookers may not be able to tell the difference”
Time to move on, folks, let the fool carries on his merry way and stay foolish.
It isn't a blue chip stock, clearly speculative.
However, it does have FDA approval and clinical studies showing it is better than the existing tests. It now needs to get sales and is targeting just 5% of the US market which will bring in $100m. At that level of sales, the share price will be significantly higher, the current shareprice reflecting the risk.
Given it is the better product, the risk in not reaching that 5% goal is that it gets disproved or an even better test comes along.
http://us.cxbladder.com and http://www.cxbladder.com are actually just different pages on the same website [IP: 54.252.103.2]. They are using sub-domains to direct to the different pages.
Best wishes
Paper Tiger
Johnny the Horse enough to have capital appreciation of 36 grand so far this calender year without playing with the likes of PEB. So why bother with these highly speculative shares you would have said BLT was a good share to buy some years ago.
Why bother with them? Clearly its the returns. Sure, you win some and you lose some. The great thing is that you can only ever lose what you invested, whereas you gain over 20x of your original investment if it goes well. If you play your cards right and do your research then you can make incredible gains that can't be made with bluechips.
I don't think Possum's being foolish, he just has a different mind set around investing and is considerably more pessimistic than us optimists in this thread.
But you were in for a bit of a slagging Possum for not justifying your claims of "pump and dump".
Its fine for someone to see something differently that others and we should encourage such dialogue. Not agreeing with each other is also fine as long as we take the time to understand the other sides point of view.
PEB's got to execute their vision now, which hopefully (as a shareholder) they can do well. But it certainly won't all be plain sailing with a number of strong competitors out their who may be working on the next big thing themselves...
its his thread
OK HE IS FORGIVEN THEN
Good to see that he and his followers do have a not so serious side .... even a sense of humour .... probably even have life outside of PEB
Good stuff Hancocks .... more jokes or funny stories please .... and please nothiong associated with the bladder
Hancocks is a class act - anyone bothering to follow his postings on PEB have done very very well.
Contrast that with those who do no research, contribute bugger all except unadulterated hogwash.
Well, W69 - you know the ole saying - there is class and then, there is crass.
Notice admin has pulled some of the postings from yesterday?
Pity we have to put up with those crass and contemptible ignorant comments from some posters until admin gets into gear.
I guess it is only to be expected when there are people who cannot escape their peasant stock background?
Really Balance-thats a bit rich,coming from you.
Everyone knows this is a speculative share to a certain extent and no one is a fool for stating their honest opinion.
You dont have to agree and your welcome to post your reasons why you dont agree--but name calling is just emotive garbage.
IMHO alot more would take you seriously if you kept it constructive.
W69 knows exactly who and what we are talking about.
Ain't got nothing to do with him.
Those of you who don't what and who we are writing about and can't be bothered doing a bit of reading and research, relax and enjoy your Easter.
And oh, btw, if the shoe fits, wear them.
As a newby to trading I was so pleased with myself when two weeks ago I bought PEB at 63c and before long it was showing upper 70's. They got the go-ahead for the US lab and I thought the world's my oyster. So, I was flabbergasted when Masfen almost immediately dumped 10 milliom shares and the share price plummeted to 68c. Why would the Masfens sell now, I thought? Why would they not hang on with things looking so good? Do they know something that we are not party to?
When I calmed down, I came to the conclusion that the Masfens as large backers of Pacific Edge, now felt that the company did not need so much backing, and that they might as well take advantage of the huge profits they have made on their original investment.
Would this be the case?
Also, it would seem a lot of influence on share price must come from the promise or the potential. Now that PEB have got the go ahead in the US (and assuming no big news from the other potential customers), are we just going to see an upward trickle in the share price as US sales slowly build?
JUst one more question. Does what took place with the Masfen sell-off happen frequently? I ask so as to look out for it in the future.
I guess everyone has different reasons for selling and I would'nt know why Masfen has sold down some of their holding.
I have'nt done any calculations, but I would imagine that by selling 10m shares at 65c, they may well have got back all their original investment and then some.That means a big reduction in risk so it's probably not a bad move.
It is going to take a while to build sales so I would'nt be looking for anything fantastic in the short term. What might drive the shareprice higher in the months ahead is more deals in other regions or with large customers in the US.
It could be any number of things ,but selling enough to ''free carry''is certainly a common ploy.
One would think things would be slow and steady at this point,but you never know with this share.
The market in general is the other factor.
Outside influences can have a major impact.
If there is a correction[and the market is looking overbought IMHO]and you have faith in the basics of the co.,then thats the time to buy in[or dont sell]whatever the case may be.
Who knows,maybe Masfen is anticipating a market correction,but most likely is booking some profits.
Your absolutely right Sparky.
I said ''to a certain extent''but didnt mean to give the impression it was necessarily a bad investment.
But I believe you,as well as other informed posters have brought up the fact that there is an element of speculation in terms of variables.
My point was simply that insinuating that someone is a fool for being cautious is not really constructive.
It wasnt my intention to slag the co.
Absolutely right Hancock --back to PEB...focused...oh yea that is a nice butterfly..ah its just a fly.Doh!
OK kiddies, time to pick up your toys and go home to mum, who would no doubt have long since said something about banging some heads together. As an avid reader of this thread, I am having more difficulty these days weeding out the wheat from the chaff. I did read an extremely unpleasant post a few days ago, which was rightfully deleted, along with another which referred to it. ST can do without that sort of thing.
All the recent mud slinging going on in this thread reminds me of the people we pay to "run" this country. I thought ST posters were of a far better calibre than that!
Sparky, Hancocks and the few others who add real value, please keep up you're excellent, informative posts, I learn much from them.
I've been there. Nothing happening.Quote:
It's a long weekend for you guys -- why are not at the beach?
(Sorry, Karen. Won't do it again!)
:)
As there is no trading on and this thread is quiet ATM - My name has been mentioned as part of a recent disturbance on this thread. If anyone has taken umbrage at anything I have said then I apologise profoundly.
Sayings, anecdotes, humour, sarcasm, and puns have formed a large part of my life so far. Sometimes it is very easy to get carried away. As penance I have read this entire thread from the beginnning and changed my avatar to reflect my true status.
From a TA point of view, this puppy is on the way down :( slow trickle downwards until the next announcement I feel! Good thing my average price is quite below current price - welcome to the patience game!
I suspect 65 will be a strong support, but who knows, it could do anything (upwards or downwards). I'm expecting an announcement to be made regarding an issue of shares to Cellmid very soon (indicating the first sale made in the US).
I'm very novice, but I agree with Johnny. Don't personally feel TA to be that strong for low volume lower liquidity stocks.
Could also maybe argue TA suggests price might hold or rally: the exponential 60 day moving average could be viewed as a support and stochastic oscillator indicates the stock might be oversold.
Not sure on the dates for this year, but PEB released prelim full year results last year on May 25th, and annual report 4 Jul. Next few months should be interesting.